Bloomberg reports that Verizon Communications Inc. is having talks with media companies that could turn out spending money on some of the data users consume watching TV shows on mobile devices such as Smartphones. CEO Daniel Mead said, “We are very actively exploring those opportunities and looking at every way to build value for our customers.” . Read More

Bloomberg reports that Apple Inc. said it is going to return an additional $55 billion in cash to shareholders to make up for a weakening of its stock and signs of slowing growth. The move come after the projected quarterly sales missed analysts’ predictions. . Read More

Bloomberg reports that Timelines Inc., which sued Facebook for trademark infringement in September 2011, a week after the social-network declared it was switching from user-profile pages to individual chronologies called Timeline, will go to trial in Chicago to try to stop Facebook from using the word “timeline." . Read More

Bloomberg reports that Facebook has hired Richard Williamson, the man responsible for Apple’s mapping efforts. . Read More

Bloomberg reports that Twitter Inc. is near to reaching partnerships with television networks that would allow them to display high-quality video content and advertising on the social site, according to people familiar with the matter. Read More

Bloomberg reports that New York-based cable company Cablevision is seeking a $1.9 billion loan to pay back debt with Bank of America as the likely lender. Read More

Bloomberg reports that Ericsson is in talks to purchase Microsoft Corp.'s IPTV business, which makes software utilized by phone companies like AT&T Inc. to provide TV online, and the deal could be announced in a few years. . Read More